PMP Final Exam Review3

PMP Final Exam Review3

You are a project manager who is managing a large project with
multi-national subproject managers under you. Many of your subproject managers are from countries other than your own. You
hold a project management meeting and require all the subproject
managers to attend . One of the team members from America, who is
working in Turkey, seems to be despondent and depressed. You speak
with him after the meeting and determine which of the following?
Choose the best answer.

He needs some diversity training.

He is perceiving his experiences incorrectly and needs some time
off to get his bearings.

He is having trouble maintaining personal integrity.

He is experiencing culture shock .

If EV = 145, PV = 162, AC = 138, BAC = 200, and ETC = 62, what
is EAC when you expect project performance to continue with the
same type of variance that youve experienced to date?

201

190.4

200

193

What plan from a prior process is put into action during the
Information Distribution Process? Choose the best answer.

Scope management plan

Resource management plan

Project plan

Communications management plan

You are a project manager for Lightening Bolt Enterprises. Your
new project involves the research and development of a new type of rechargeable battery. You are still elaborating the product
characteristics. One of your stakeholders requests a change.
Theyve filled out a change request form
indicating that the change affects the product scope and is
essential for a successful project. Which of the following
statements is not true with regard to the product
characteristics?

Product characteristics will be progressively elaborated
throughout several project phases and will contain more detail in
the later phases.

The change is identified as a product scope change and is classified as essential. Both of these
elementsidentification and
classificationare defined during the Scope
Definition process.

Since the product characteristics are still being elaborated, an
identification and classification system is absolutely essential.

The product description, even though its
still being progressively elaborated, is an input to the Scope
Planning process.

You are the project manager for a construction project. Your
company is expanding a highway on the east side of town, including
revamping the bridges and constructing new on-ramps and offramps.
Because of the timelines for this project and the heavy traffic at
rush hour, you have several teams of resources who will be working
around the clock (according to their assigned schedule). The
calendar used to construct the project schedule must take the
24- hour workday into account. One group of
resourcesthe asphalt
crewcan only work during the first and second
shifts. Which of the following statements is true regarding this
question? Choose the best answer.

The project calendar, an input to the Schedule Development
process, should reflect the asphalt crews
availability.

The resource calendar, a tool and technique of the Schedule
Development process, should reflect the asphalt
crews availability.

The resource calendar, an input to the Schedule Development
process, should reflect the asphalt crews
availability.

The project calendar, a tool and technique of the Schedule
Development process, should reflect the asphalt
crews availability.

Youve gathered cost estimates for the
activities of your current project. Most of the activities can be
completed with existing staff resources. The summary cost estimate
for existing resources is $535,000. You will also need to hire
contractors to perform some of the activities that require
specialized skills. Youve received a bid from
a local vendor for $137,000 for these services. All of the
following statements are true except:

Youve determined a quantitative estimate of
the cost to the organization to perform the activities of the
project.

The cost of the vendor services to your organization is considered pricing (from the vendors
perspective), which is a business decision on their part.

When a project is performed under contract, quantitative cost
estimates determine how much the organization will charge for
producing the product or service of the project.

Your next step should be to develop the cost management plan,
which will describe how variances in cost will be managed.

Youre in the midst of managing a project
for the water and sanitation district of your local city.
Its a large, complicated project that
youve divided into smaller, manageable subprojects , each with their own project managers who all report to
you. You know that specific technical elements must be adhered to
in the design and implementation of this project due to regulations governing the water and sanitation district. One of the subproject
managers (whom you know very well) is a PMP but has never heard of
the PMP Code of Professional Conduct . What should you
do?

You know this person very well and know they have a high level
of integrity. It isnt necessary for them to
read the PMP Code of Professional Conduct .

Tell them where to find a copy of the PMP Code of
Professional Conduct on the PMI website (or give them a copy)
and require them to read it.

Put a copy of the PMP Code of Professional Conduct on
their desk when theyre not looking and assume
theyll read it.

Let them have your copy of the PMP Code of Professional
Conduct and suggest they read it.

The purpose of this process is to determine what consequences
the identified risks will have on the project objectives and the
probability that theyll occur. This process
puts risks in priority order according to their effect on the
project objectives and assigns an overall risk ranking for the
project. What process does this describe?

Risk Identification

Qualitative Risk Analysis

Risk Management Planning

Quantitative Risk Analysis

You are working on a project in the automotive industry that
requires specialized knowledge of robotics . You know that one full-time expert with skills in this area will be needed during the
design phase and again in the deployment phase of this project.
During design this expert will work on several activities that were
decomposed from the deliverable called
Mechanical Design, and during
deployment they will work on the activities decomposed from the deliverable called Install Arm.
You derived this information from both the scope statement and the
WBS. Youve received some initial estimates of
approximately $225 an hour for this resource. Which of the
following best describes the process or processes used to derive
the information in this question?

The scope statement and the WBS are inputs to both the Resource
Planning process and the Cost Estimating process.

The scope statement and the WBS are inputs to the Activity
Definition process.

The scope statement and the WBS are inputs to both Activity
Definition process and the Cost Estimating process.

The scope statement and the WBS are inputs to the Resource
Planning process.

Which of the following are the most essential general management
skills needed during the Project Plan Execution process?

Leadership, communication, and negotiation

Communication, general business knowledge, and budgeting
skills

Communication, negotiation, and problem solving skills

Leadership, communication, and general business knowledge
skills

What is the future value of $10,000 two years from now using a
five percent interest rate? Assume all options are rounded to the nearest whole dollar.

$10,025

$9,070

$9,090

$11,025

As a result of performing this process, change requests may
occur.

Quality Assurance

Cost Control

Project Plan Execution

Integrated Change Control

You are in the Scope Planning process.
Youre using techniques such as value
engineering, value analysis, function analysis, and quality
function deployment. What tool and technique of this process are
you using?

Benefit/cost analysis

Product analysis

Earned value analysis

Benchmarking

Your project sponsor has asked you to monitor the project
management process. What tool and technique of the Quality Control
process will you use?

Control charts

Pareto diagrams

Flowcharting

Trend analysis

Your company manufactures a line of automotive cleaning
products. Your assignment entails designing a new line of soap for
car washes. Youve decided to go straight to
the customer to define what qualities and needs they desire regarding the new product. You start by holding a series of focus
group meetings to find out the basic needs. Next, you develop a
sample car wash soap that you give to a selected group of potential
customers to try out. They give you great feedback and suggestions
that you use to further develop the product. Which of the following
describes this process?

Phase sequencing

Leveling

Fast tracking

Progressive elaboration

What are the tools and techniques of the Organizational Planning
process?

The effectiveness of this process will determine whether risk increases or decreases for the project.

Risk Monitoring and Control

Risk Response Planning

Risk Management Planning

Risk Identification

You are wrapping up the Closing processes for your project.
Youve notified the seller that the terms of
the contract have been satisfied, and youve
created a set of indexed records. All of the following statements
are true regarding this question except which one? Choose the least
correct answer.

The indexed records become inputs to the Administrative Closure
process, which are known as other project records.

Contract Closure is performed before the Administrative Closure
process.

This question is referring to the output called contract
file.

Indexed records are the project records created during the
Administrative Closure process.

You work for a specialized book publisher that publishes 35 new
titles per year. Your company has a specific process in place for
managing each phase of a books release. One of
their requirements is the design phase must be approved by an
associate publisher before it is handed off to the production
phase. Youre accepting your first assignment
as the project manager for a new publication.
Youre responsible for seeing this project
through from the beginning (assigning a qualified author to write
on this topic) to the end (distributing the book to wholesalers and
retailers). What does this scenario describe?

Organizational Planning

Phase sequencing

Fast tracking

Scope verification

The Quality Control process is concerned with all of the
following except which one? Choose the least correct answer.

Product results

Cost and schedule performance

Rebaselining

Eliminating unsatisfactory results

Your customer has decided that you cannot go forward with the
project youre managing without a change to the
agreed-upon WBS. A contract amendment is agreed upon and signed,
the change control system processes are followed, and you modify
the appropriate planning documents to reflect the change. As a
result of the approved change, substantial changes to the project
costs and the project schedule occur as well. What must occur next
and why? Choose the best answer.

Baselines must be adjusted to reflect the new project costs and
schedule.

Corrective actions are taken, which in turn generate change
requests that are managed through the scope change control
system.

Updates to the scope management plan are made to reflect the
approved project change.

Lessons learned are documented so that future projects take into
consideration the impact of the change to this WBS.

Which of the following statements regarding cash flow analysis
techniques is not true?

The discounted cash flow technique differs from NPV in that the
discounted cash flow technique compares cash inflows as a total,
while NPV calculates cash inflows period by period and then totals
the PV of each period.

The discounted cash flow technique and the NPV technique both
take the time value of money into consideration.

NPV is the most conservative cash flow analysis technique and
assumes reinvestment at the cost of capital.

The discounted cash flow technique may use future value and
present value formulas to determine the value of the investment or
return. Its the least precise of all the cash
flow calculations.

You are evaluating vendor proposals and using selection criteria
in order to choose a vendor. One of the criteria states that
resources are required to have civil engineering degrees and a
minimum of three years of experience. Which of the following tools
and techniques does this question refer to?

Weighting systems

Contract negotiation

Independent estimate

Screening systems

The expected cost of the work when completed is which of the
following?

AC

EV

ETC

EAC

Youve applied for and accepted a new
position advertised as a project manager. Things unfortunately dont go well from that point on. Within two
weeks of starting the job, Jim, who is one of your project team
members, enters a dispute with you over the work
youve assigned him. You
havent been able to successfully resolve the
dispute with Jim, and you are determined to get to the bottom of
things quickly. You call a meeting with Jims
manager, who is your peer. She subsequently informs you that
everything Jim has told you about his availability and task
assignments are true. Together, you and Jims
manager work out a reasonable solution to the problem. What type of
organization does this describe?

Weak matrix

Strong matrix

Functional

Balanced matrix

You are working on a top-secret project for a medical research
firm. The project sponsor wont admit in public
to being the project sponsor for your project. Most of the project
team members do not know who the other team members are. Due to the
nature of this project and the high secrecy level,
youve determined that some of the activities
of the project may be performed only in part. Which mathematical
analysis technique does this question describe? Choose the best
answer.

CPM

GERT

PERT

EVM

The project managers role as it relates to
the project charter includes all of the following except which
one?

The project manager assumes responsibility for the success of
the project starting after the publication of the project
charter.

The project charter identifies the project manager who will use
the charter as a guideline to develop the project plan.

The project managers primary
responsibilities include initiating, planning, and executing the
project according to the project charter.

The project manager will use the project charter to help
identify activities, tasks , resources requirements, project costs,
and more during the Planning phase of the project.

Project management processes must be applied to the Contract
Administration process in order to manage contractual relationships
and to integrate the outputs of which of the following
processes?

You are very interested in becoming a project manager. You have
mentored with other experienced project managers in your
organization to learn more about how to be an effective project
manager. Youve been told your organizational
skills and communication skills are excellent . However, you need
some additional training in accounting and budgeting skills, as you
are weak in these general management areas. The mentor who was
honest enough to tell you this explained it which of the following
ways?

You will not be able to sit for the PMP exam unless get formal
training in the general management areas.

General management skills are very likely to affect project outcomes . If you lack any of these skills, it could affect your
project and your career adversely, so you should get some training
in these areas.

The Cost Budgeting and Cost Control processes are under the
Planning Processes group, and you will not be able to pass the
questions on the PMP exam that pertain to these processes if you
dont get some training.

General management skills are important to your project
outcomes, and Cost Budgeting and Cost Control are two of the most
important processes within the Executing phase of a project, so you
should get some training in these areas.

You are in the process of attaining and hiring resources for the
project. Some of the resources can be found from within the
organization, but three of the resources youve
identified must be hired on contract. Your organization has strict
policies regarding staff assignments, and you must make certain
there is no one in your organization with the same skills of the
contractors youre considering hiring. Which of
the following best describes the input this question outlines?

Staffing requirements

Project staff

Resource pool description

Recruitment practices

You are the project manager for Changing Tides video games . You
have produced a project network diagram and have updated the
activity list. Which process have you just finished?

The Activity Sequencing process, which identifies all the
specific activities of the project

The Activity Sequencing process, which identifies all the
activity dependencies

The Activity Duration Estimating process, which identifies all
the dependent activities of the project

What are the outputs of the Scope Planning process?

Product analysis, scope statement, and scope management plan

Scope statement, scope management plan, and WBS

Scope statement, supporting detail, and WBS

Scope statement, supporting detail, and scope management
plan

You have proposed a new, high-risk project for your company that
will significantly expand its production capabilities. Your company
has undertaken other high-risk projects in the past, but never a
project like this. However, youre not
surprised when youre told your project is
approved. Which of the following statements is not true?

Organizational cultures have a direct influence on the
project.

Your organization is in a leading-edge position within their
industry.

Entrepreneurial organizations are likely averse to taking on
risky projects.

Your organization has an aggressive culture. Project managers
feel free to propose new ideas and projects in this culture.

Your project requires the procurement of four services from a
vendor external to the organization. The remaining services will be
procured from within the organization. All of the following
statements are true except for which one? Choose the least correct
answer.

The processes from Solicitation Planning through Contract
Closeout should be performed once for each service being
contracted.

All of the processes in the Project Procurement Management
knowledge area should be performed at least once for the services
being contracted.

Only two processes from the Project Procurement Management
knowledge area should be performed for the services
youre obtaining from within the
organization.

Procurement Planning is performed prior to all other processes
in the Project Procurement Management knowledge area.

You are a project manager for an advertising firm. Your project
is well underway, and the project plan is being executed. Your
customer has requested some changes to the project. These changes
will require changes to the project plan, and maybe even changes to
the work thats already occurred. This is a
highly interactive knowledge area, so youre
not surprised that youll have to repeat the
processes. What knowledge area does this question describe?

Project Scope Management

Project Time Management

Project Integration Management

Project Communications Management

Your project selection committee is considering four projects.
Project As NPV is positive, it has an IRR of
14 percent, and the payback period is 21 months. Project
Bs NPV is negative, it has an IRR of 9
percent, and the payback period is 16 months. Project
Cs NPV is positive, it has an IRR of 16
percent, and the payback period is 18 months. Project
Ds NPV is negative, it has an IRR of 16
percent, and the payback period is 13 months. Which project should
you choose?

Project A

Project B

Project C

Project D

Technical risks, organizational risks, and external risks are
examples of which of the following?

Risk categories, which are an input to the Risk Identification
process

Risk categories, which are a tool and technique of the Risk
Identification process

Identified risks, which are an input to the Qualitative Risk
Analysis process

Identified risks, which are an input to the Qualitative and
Quantitative Risk Analysis process

Simulation techniques can be very useful when determining
project duration. Which of the following statements describes the
most commonly used simulation technique in the Schedule Development
process? Choose the best answer.

Earned value analysis. This technique uses a range of probable
activity durations for each activity that are then used to
calculate a range of probable duration results for the project
itself.

Monte Carlo analysis. This technique uses a range of probable
activity durations for each activity that are then used to
calculate a range of probable duration results for the project
itself.

What-if analysis. This technique determines alternative project
durations by simulating different situations such as a pending
strike or the delay of a major deliverable.

Project management software. This technique allows for what-if
analysis and other simulation techniques to determine alternative
project durations based on different situations such as a pending
strike or the delay of a major deliverable.

Youve taken over a project
thats currently in trouble.
Youve held a meeting with the key stakeholders
to demonstrate the new product prototype. They came prepared with
the product requirements and upon inspection inform you that this
prototype is not what the customer specified. Your boss instructs
you to get the prototype corrected and make it match the
requirements the customer specified before holding a demo with the
customer. She also warns you to take a look at the work of the
project. Shes concerned that things
arent happening as planned and that the last
project manager was not paying close enough attention to the
project plan. Corrections might be needed. What knowledge area does
this describe?

Project Time Management

Project Scope Management

Project Integration Management

Project Risk Management

You are the project manager for a large project. The projected schedule shows the project is not scheduled for completion for
another three years. Some of the stakeholders have changed over the
course of this project, and new stakeholders will become involved
toward the end of the project. The project team members have also
changed as the project has moved on to a new set of deliverables.
You are having a difficult time motivating the new team members.
The techniques you used with the previous team
dont seem to be working with this team. More
resources will be brought on and off the project team at various
stages throughout the life cycle, so youd like
to resolve this problem soon. You know from studying the Project
Human Resource Management knowledge area that you should do which
of the following?

The processes in this knowledge area ensure that the human and
material resources involved on the project are used in the most
effective way possible.

The same communication style should be used throughout the life
of the project.

You will change the techniques used to motivate, lead, and coach
the human resources involved on the project as the project
progresses through the life cycle.

This knowledge areas processes include
Organizational Planning, Staff Acquisition, and Team
Development.

Your company, Kick That Ball Sports, has appointed you project
manager for their new Cricket product line introduction. This is a
national effort, and all the retail stores across the country need
to have the new products on the shelves before the media
advertising blitz begins. The product line involves three new
products, some with multiple deliverables. The Scope Definition
process is now complete. Which of the following is true?

The WBS template, an output of the Scope Definition process, was
used from the previous project to create the WBS for this project.
The WBS encompasses the major deliverables for the project.

The WBS template from the previous project, an output from the
Scope Planning process, was used to create the WBS for this
project. The WBS encompasses the major deliverables for the
project.

The WBS, an output of the Scope Planning process, has been
created, and it encompasses the full scope of work for the
project.

The WBS, an output of the Scope Definition process, has been
created, and it encompasses the full scope of work for the
project.

Your selection committee can only choose one of the following
projects: Project As original investment is $1
million, the present value of the cash inflows is $1 million, and
the discount rate is eight percent. Project Bs
original investment is $1.4 million, the present value of the cash
inflows is $1.4 million, and the discount rate is seven percent.
Project Cs original investment is $1.8
million, the present value of the cash inflows is $1.8 million, and
the discount rate is six percent. Which project should the
committee choose?

Project C

Project B

Project A

There isnt enough information in the
question to determine an answer.

You work for Writers Block, a service that
reviews and critiques manuscripts for aspiring writers. You were
assigned to be the project manager for a brand-new computer system
that logs, tracks, and electronically scans and files all submitted
manuscripts along with the editors notes. You
hired and worked with a vendor who wrote the system to your
specifications. You are in the Closing processes, and
youre reviewing a report regarding certain
aspects of the projects performance. The
report states the following, The reviewers
recommend that future projects of this nature use a written formal
acceptance and closure process. The vendor was notified verbally
that the contract was completed when a written process should have
been used. Which of the following options contains
this information, given the circumstances in this question? Choose
the best answer.

Lessons learned

Performance measurements documentation

Procurement audit

None of the answers given are correct.

You are a project manager for the information technology
division of a local satellite TV broadcasting company. This spring,
the chief information officer for your company gave you the project
to convert and upgrade all the PCs in the department to the latest
release of a specific desktop application. Prior to this
conversion, all manner of desktop software existed on machines
throughout the company and had caused increasing problems with
sharing files and information across the company. A lot of
unproductive hours were spent converting information into several
formats. This project came about as a result of which of the
following?

Business need

Market demand

Technological advance

Social need

What is the difference between Qualitative Risk Analysis and
Quantitative Risk Analysis?

Qualitative Risk Analysis uses sensitivity analysis and decision
tree analysis as some of its tools and techniques to assess risks
and their impacts.

Quantitative Risk Analysis uses scales of probability and impact
as inputs to the PI matrix. Qualitative Risk Analysis determines
interactions among the risks.

Quantitative Risk Analysis uses a probability/impact risk rating
matrix and risk probability and impact as some of its tools and
techniques to assess risks and their impacts.

Qualitative Risk Analysis determines the impact and probability
of risk events on the project objectives. Quantitative Risk
Analysis assigns numeric probabilities to each risk and their
impacts on project objectives.

You are a project manager in Information Technology. Your
project involves writing a new software program for the sales team
of your company. Your company has strict policies regarding
hardware. The project team requested new hardware for this project
that was outside the stated policy. The request was denied . As a
result, your new program must be compatible on the hardware
specified in the policy. This is an example of which of the
following?

Risk

Constraint

Deliverable

Assumption

Your project entails building a new customer service call center
for an insurance company. The companys
strategic plan states that hold times must be reduced by a total of
15 percent over the next two years. In order to accomplish this
goal, the new service center must meet exact specifications
regarding the placement of cubicles, equipment, and access to
customer records. The subproject manager assigned to the equipment
deliverable worked on the previous customer service call center
that was built on the East Coast. You are certain he is up to speed
on the newest equipment updates and needs and will be assigned to
your project. This is an example of which of the following?

Risk

Constraint

Requirement

Assumption

All but one of the following statements are true regarding the
six needs or demands that typically generate new project work.
Which of these statements is not true?

An example of a business need is an organization authorizing a
project to build a new customer service center as a result of an
increase in sales.

The relationship between the product or service of the project
and the need or demand that generated the project should be
documented.

C. The six needs are market demand, business need, legal
requirement, customer request, technological advance, and social
need.

The six needs represent opportunities, business requirements, or
problems to the organization and generally require that management
make decisions and respond to the needs or demands.

You are a project manager for a motivational consulting firm.
Your project entails putting together a series of conferences
across the country starting 12 months from now. You are diagramming
your project, but youve found you must use dummy activities in order to connect all the logical relationships
correctly. What diagramming method are you using?

You are using information-gathering techniques to identify
project risks. Its very important that you
keep biases to a minimum. Which technique should you use? Choose
the best answer.

Interviewing

Delphi

Brainstorming

Nominal group

Youve developed a risk impact scale as follows : 0.1, 0.3, 0.5, 0.7. Which of the following statements is
true regarding this scale?

This is a non-linear cardinal scale that reflects the
probability of the risk consequences to the project objectives.

This is a linear cardinal scale that reflects the severity of
the effects of the risk consequences to the project objectives.

This is a linear cardinal scale that reflects the probability of
the effects of the risk consequences to the project objectives.

This is a linear ordinal scale that reflects the severity of the
effects of the risk consequences to the project objectives.

You have received estimates for one of your project tasks as
follows: The pessimistic estimate is 22 days, the optimistic
estimate is 18 days, and the most likely estimate is 20 days. Which
of the following options states the expected value and the CPM
estimate respectively?

Expected value is 19, and the CPM estimate is 18.

Expected value is 20, and the CPM estimate is 20.

Expected value is 19, and the CPM estimate is 18.

Expected value is 21, and the CPM estimate is 22.

Which of the following statements describes the difference
between the project plan and the project performance measurement
baselines?

The project plan changes as the project progresses and more
information is known. Performance measurement baselines typically
only changes when the project scope or project deliverables
change.

The project plan changes as the project progresses and more
information is known. Performance measurement baselines should
never change.

The project plan typically only changes when the project scope
or project deliverables change. Performance measurement baselines
change as the project scope or project deliverables change and
those changes are approved.

The following exchange took place at your last team meeting:
I dont agree with Violet,
and Im not going to stop working on the secret
formula just because she doesnt have the
equipment in place for the experiments. What stage is
this team in?

Confrontation

Norming

Storming

Withdrawal

Your manager storms into your office demanding to know what
paragraph three of the recent status report means, even though she
clearly knows what it means by the tone in her voice. She wants you
to know that, after all, she is the Director of Marketing and has
the authority to do what it takes
to keep you in line. She doesnt appreciate
your mention of the items in paragraph three and tells you if you
do it again, shell take further action to make
sure youre demoted. Which theory does your
manager practice? Choose the best answer.

Achievement Theory

Expectancy Theory

Contingency Theory

Theory X

This tool and technique of the Performance Reporting process is
the most commonly used method to measure project performance.

Performance reviews

Variance analysis

Trend analysis

Earned value analysis

You are a project manager with a wide range of experience.
Youve worked in many different organizations
and have seen all of the following terms used for change control
board except:

TAB

TRB

ERB

CMB

Which of the following statements is not true regarding
the identification and classification of scope changes?

The process for identifying and classifying scope changes is
documented in the scope management plan.

Identification and classification is essential when elaborating
the product description.

Identification and classification is difficult to do when the
product description is still being elaborated.

Identification and classification involves techniques such as
change requests and product skills and knowledge.

Your CCB has approved a schedule change. You update the schedule
and discover that the project end date is significantly different
than the original schedule due to the changes in the start and
finish dates to some of the critical path activities. What type of
schedule update did you make, and what should you consider doing
because of the significant change in dates?

Revisions, rework

Adjusted baseline, schedule updates

Revisions, rebaselining

Adjusted baseline, corrective action

Your organization is experiencing a shakeup at the top levels of
management. Your project team has expressed concerns that their
project may be cancelled because of the changes going on at the
top. Sure enough, your project team was correct in their
suspicions. Youve received notice that the
project is canceled. Your vendor only has one remaining deliverable
for the project scheduled for completion next month. You notify the
vendor in writing that the project has been canceled, but you
understand there is one more deliverable they need to complete in
order to close out the contract. You also notify them that the
Phase II portion of the project has been canceled , so current
contract negotiations for that portion of the project will end
immediately. Which of the following processes documents the details
concerning the amount of work completed at the cancellation
date?

Lessons Learned

Administrative Closure

Scope Verification

Contract Closeout

Youve recently begun to suspect your
friend, a fellow PMP, may be accepting gifts from hardware vendors who are bidding on an upcoming multi-million dollar project
thats shes going to
manage. She has a new LCD flat-screen computer monitor at her desk,
she showed off her new handheld PDA at a meeting two days ago, and
today she unpacked a new laptop while you were in her office. Which
of the following should you do?

You tell your friend these gifts probably
arent appropriate and leave it at that.

You and your friend have a long conversation about the items
shes received, and she decides to return them
and not accept any more items from vendors in the future.

You tell your friend youre concerned about
the appearance of impropriety because of all the new things
shes purchased lately, so you ask her directly
if these items were gifts from the vendor or if she purchased them
herself.

You know this is a conflict of interest situation, and it violates the PMP Code of Professional Conduct . You report
your friend, so that an investigation can take place.

Youve just been assigned a new project. You
have a copy of the project charter close at hand. It identifies you
as the project manager, and after reading it over you believe that
most of the deliverables are identified. But when reading over the
product description you notice a deliverable that
wasnt identified in the project charter. You
believe this deliverable is a requirement in order to successfully
complete this project. You decide to speak with two of the
projects key stakeholders to clear this up.
Each one of them gives you an alternative way of approaching the
project to incorporate the deliverable you discovered in the
product description. Which of the following statements is true
based on the information in this question?

You are working on the scope statement, which is an output of
the Scope Planning process. One input to this process and two tools
and techniques were described in this question.

You are working on updates to the scope statement, which is an
output of the Scope Definition process. You should update the scope
statement to incorporate the new deliverable and notify all the
stakeholders of the modification.

You are working on the scope statement, which is an output of
the Scope Planning process. Two inputs to this process and two
tools and techniques were described in this question.

You are working on updates to the scope statement, which is an
output of the Scope Definition process. One of the tools and
techniques you might consider using from this process to determine
which stakeholders alternative is the best
choice is benefit/cost analysis.